22
22
tv
eye 22
favorite 0
quote 0
i'm based out of the occupy sandy hub in staten island and we have the n.y.p.d. retired n.y.p.d. and its hard firefighters right next to us they cook for us and for the whole community. we work and say hello with them each and every day i think it's just under duress this is what sort of humanity does and unfortunately as things get better the will be will be new new strains introduced especially when it comes to where we come from which is occupy wall street we advocate for poor people and usually it's against people that run the system so as we're seeing more and more houses condemned and the possibility of eminent domain and developers coming in. you're going to meet occupy sandy will morph back into occupy wall street and you'll see us back the way we are when we advocate for poor people and talk about the n.y.p.d. and what it was specifically they can learn from the occupy movement i mean obviously your movement has no time to organize it had to do it in the past you were able to support yourselves as you call the park by dividing up donated food and blankets so what has or
i'm based out of the occupy sandy hub in staten island and we have the n.y.p.d. retired n.y.p.d. and its hard firefighters right next to us they cook for us and for the whole community. we work and say hello with them each and every day i think it's just under duress this is what sort of humanity does and unfortunately as things get better the will be will be new new strains introduced especially when it comes to where we come from which is occupy wall street we advocate for poor people and...
88
88
tv
eye 88
favorite 0
quote 0
economists fear sandy battered hiring with estimates of 80 to 93,000 jobs added. that's compared to 171,000 in october. >>> well, good news though from yesterday's weekly jobless claims which held steady right around the pre-storm level. >>> elsewhere, apple says it will begin making one of its mac lines here in the u.s. next year. >>> growing criticism across the pond. starbucks is foregoing certain tax deductions that helped reduce its tax bill to zero in britain agreeing to pay $32 million it does not owe. >>> the securities and exchange commission says netflix chief reed hastings may have violated fair disclosure rules with a facebook post saying monthly streaming hours had past 1 billion. netflix stocks soared 6% that day. >>> ibm is revamping its retirement plans contributing to employee 401 k accounts just once a year. >> "the wall street journal" reports the washington post will soon begin charging for online articles after a certain number of free ones. >>> sad news out of chicago where the maker of the academy awards oscar statue wets is planning to layo
economists fear sandy battered hiring with estimates of 80 to 93,000 jobs added. that's compared to 171,000 in october. >>> well, good news though from yesterday's weekly jobless claims which held steady right around the pre-storm level. >>> elsewhere, apple says it will begin making one of its mac lines here in the u.s. next year. >>> growing criticism across the pond. starbucks is foregoing certain tax deductions that helped reduce its tax bill to zero in britain...
277
277
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 277
favorite 0
quote 0
everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey week. >> you've had a chance to go through the whole report. any other headlines stand out at you? >> well, we're substantially revisions in september and october. 50,000 fewer jobs created in those two months than had previously been expected and the labor department does say that we should get a better read of any possible impact of sandy on individual states and regions when they release other numbers, other reports on those in two weeks from now. >> peter barns, thank you very much. i will repeat this because it is a surprise, 7.7% is the unemployment rate. 146
everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey...
44
44
Dec 7, 2012
12/12
by
MSNBC
tv
eye 44
favorite 0
quote 0
governor chris christie is making a personal plea for federal disaster aid in the wake of hurricane sandy. the republican governor paid an unannounced visit to the white house to ask the president for $83 billion in aid for new jersey, new york and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some say gop king-maker, senator jim demint of south carolina, is stepping down from congress, this happening on january 1st. demint will become head of the heritage foundation. that's a conservative think tank with an $80 million-a-year budget. demint is just two years into a second six-year term, and south carolina governor nikki haley will appoint his successor. >>> so, 2012 was officially the most expensive election in american political history. the final reports show that spending on the campaign broke the $2 billion landmark and milestone in its final weeks, helping set the record. las vegas casino mogul sheldon adelson and his wife poured more than $95 million into super politica
governor chris christie is making a personal plea for federal disaster aid in the wake of hurricane sandy. the republican governor paid an unannounced visit to the white house to ask the president for $83 billion in aid for new jersey, new york and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some say gop king-maker, senator jim demint of south carolina, is stepping down...
170
170
Dec 7, 2012
12/12
by
KPIX
tv
eye 170
favorite 0
quote 1
what role did sandy play in last month's hiring. this is the morning news. port. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around ♪ ♪ there's no such thing whenas too soft. toilet paper, i know what i like. i like feeling both clean and pampered. why should i compromise? quilted northern ultra plush® with the innerlux layer. for a comfortable, confident clean, or your money back. maybmaybe you can't.re; when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. >>> t
what role did sandy play in last month's hiring. this is the morning news. port. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands...
215
215
Dec 7, 2012
12/12
by
KQED
tv
eye 215
favorite 0
quote 0
we had a nor'easter in 2006 that came about here, about where sandy came. if you think about it 100 years ago that would be a foot and a half down, it wouldn't even have touched this building. problem is 100 years going forward, if you go up three feet, in 100 years this middle of the road nor'easter is suddenly as high as the storm of record in 1933. >> reporter: the national oceanic and atmospheric administration finds norfolk is the second most vulnerable area its size to sea level rise in the country, right behind new orleans. norfolk is particularly prone to flooding because of its location-- flanked by the atlantic ocean, the chesapeake bay and the james river. it is also slowly sinking. the city is home to roughly 250,000 people, a major port and the world's largest naval base. it is of critical importance to our national security. nearly 45% of the city's economy is tied to defense spending. and in response to sea level rise, the navy has been replacing 14 piers at a cost of $35 million to $40 million apiece. >> sea level here is coming up for lots
we had a nor'easter in 2006 that came about here, about where sandy came. if you think about it 100 years ago that would be a foot and a half down, it wouldn't even have touched this building. problem is 100 years going forward, if you go up three feet, in 100 years this middle of the road nor'easter is suddenly as high as the storm of record in 1933. >> reporter: the national oceanic and atmospheric administration finds norfolk is the second most vulnerable area its size to sea level...
51
51
Dec 7, 2012
12/12
by
WMAR
tv
eye 51
favorite 0
quote 0
superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president o
superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the...
75
75
Dec 7, 2012
12/12
by
MSNBC
tv
eye 75
favorite 0
quote 0
house yesterday, making his case to president obama to get more federal aid for victims of hurricane sandy. president obama's expected to ask congress for an additional $50 billion to help states hit by the october storm, but christie says sandy will cost new jersey alone up to $37 billion. new york governor andrew cuomo and new york city mayor michael bloomberg also made similar trips to d.c. recently to push for more federal support. >>> after a delay noted by none other than "the new york times's" maureen dowd, secretary of state hillary clinton is coming to the defense of u.n. ambassador susan rice, calling her a stalwart colleague. rice is seen as a top pick to succeed clinton in the state department, but is under attack by republicans who accuse her of misleading the public in the aftermath of the september 11th attacks at the u.s. consulate in benghazi. >> and it's important to remember what susan said was based on the information that had been given to every senior official in our administration, and she made very clear in her appearances that the information was subject to change
house yesterday, making his case to president obama to get more federal aid for victims of hurricane sandy. president obama's expected to ask congress for an additional $50 billion to help states hit by the october storm, but christie says sandy will cost new jersey alone up to $37 billion. new york governor andrew cuomo and new york city mayor michael bloomberg also made similar trips to d.c. recently to push for more federal support. >>> after a delay noted by none other than...
316
316
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 316
favorite 0
quote 0
it turns out that sandy did have an impact, but not on the headline numbers. >> if you look deeper in the report, you do see that over a million workers who normally work full time were reduced to part-time hours during the reference week because of bad weather, and over 300,000 additional workers weren't able to work at all because of bad weather. >> reporter: and because of the way the labor department calculates or figures out and decides -- defines who is working part time, full time or working at all and when, sandy's impact did not show up in the overall numbers. but one thing did. as you mentioned, 350,000 people left the work force, about the same number stayed in, and that is what put downward pressure on the unemployment rate taking it down to 7.7. heather? heather: peter barnes reporting live from the white house, thank you. so what can the federal government do to kick start the economy and get more americans back to work in the new year? that's what we need. well, economists and former speech writer to former prime ministers nixon and ford -- presidents nixon and ford, be
it turns out that sandy did have an impact, but not on the headline numbers. >> if you look deeper in the report, you do see that over a million workers who normally work full time were reduced to part-time hours during the reference week because of bad weather, and over 300,000 additional workers weren't able to work at all because of bad weather. >> reporter: and because of the way the labor department calculates or figures out and decides -- defines who is working part time, full...
221
221
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 221
favorite 0
quote 1
it comes despite the loss linked to super storm sandy. but the government reports the unemployment rate fell largely because so many americans gave up their search. at the same time, the u.s. economy added 146,000 jobs in november above what the analysts predicted. well above. and gerri, where do we see the biggest gain? >>gerri: in retail. no surprise for holiday season. we expect add big impact from the fiscal cliff and the labor department said no, we did not but labor participation rate, look at this ugly chart the it is declining. we have the rate drop again in large part because the labor force fell by 350,000. we are watching that carefully because you want to see people work. and try to get jobs. it is critical. >>shepard: what impact did super storm sandy? >>gerri: not so much. however, there were a million people that were working part time rather than full time and that is ascribed to hurricane sandy. normally you do not expect that. >>shepard: the matters went, so what. >>gerri: well, they saw that the 350,000 number and they
it comes despite the loss linked to super storm sandy. but the government reports the unemployment rate fell largely because so many americans gave up their search. at the same time, the u.s. economy added 146,000 jobs in november above what the analysts predicted. well above. and gerri, where do we see the biggest gain? >>gerri: in retail. no surprise for holiday season. we expect add big impact from the fiscal cliff and the labor department said no, we did not but labor participation...
198
198
Dec 7, 2012
12/12
by
CNNW
tv
eye 198
favorite 0
quote 0
sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are -- >> lowest unemployment rate since december '08. 7.7%. that's the unemployment rate. surprise there. i'm going to listen to the jobs part of it. >> that is unexpected. we were expecting the unemployment rate to go to 8.0, from 7.9 to 8.0. it's gone the other direction. >> 146,000 jobs created. >> double than what was expected. >> diane s wochlswonk, chief ec. 7.7% is the unemployment rate, 146,000 jobs that have been added. the estimates were completely off. what are the implications of these numbers? >> well, certainly it's reass
sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are...
130
130
tv
eye 130
favorite 0
quote 0
superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the white house. i wasn't sure i was going to get a response, but i did want to at least make my voice heard. >> president obama says he'll only sign off on a budget deal that includes a tax hike for the wealthiest americans. republicans say they want to generate additional tax revenue by closing tax loopholes and eliminating some deductns. >>> the budget stalemate is taking its toll on maryland and virginia's governments.
superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an...
198
198
Dec 7, 2012
12/12
by
KPIX
tv
eye 198
favorite 0
quote 0
steady at 7.9% but they think job creation was down substantially from october because of superstorm sandy. >>> apple fans, did you know all your apple l products are made in china. you may have not that but it's about -- known that but it's about to change. they will start assembling one of their mass computer models here in the usa. analysts are calling this a big move. >> for apple l to step out and say this is something they want to do, they want to manufacture here in the united states, it's a big deal. and it's a big differentiator for this country. >> the plan did make apple products before the company moved production overseas. >>> zynga is a leader in virtual poker but it wants to get into real money gambling. they filed an application with the nevada gaming parole board, a process that could take up 18 moments. shares rose 17% after that announcement. >>> encouraging news on diet and breast cancer. micro nutrients found in fruits and vegetables have cancer fighting properties. women who eat fresh produce may reduce their risk. there is evidence that the micro nutrients keep tumor
steady at 7.9% but they think job creation was down substantially from october because of superstorm sandy. >>> apple fans, did you know all your apple l products are made in china. you may have not that but it's about -- known that but it's about to change. they will start assembling one of their mass computer models here in the usa. analysts are calling this a big move. >> for apple l to step out and say this is something they want to do, they want to manufacture here in the...
436
436
Dec 7, 2012
12/12
by
KPIX
tv
eye 436
favorite 0
quote 0
. >> hurricane sandy did not have an impact on these numbers. clearly, you do have an improving situation here. >> the message we all want to send to members of congress is this is a solvable problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> s
. >> hurricane sandy did not have an impact on these numbers. clearly, you do have an improving situation here. >> the message we all want to send to members of congress is this is a solvable problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis...
117
117
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 117
favorite 0
quote 0
anarchists calling for violence against american institutions and later sandy's forgotten cameras. we send our cameras to a devastated neighborhood where press residence are still waiting for help by the president and state and local officials and they still haven't i've worked hard to build my family. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with sympts of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of the face, lips, throat or tongue, stop taking vesicare and get emergency help. tell your doctor right away if you have severe abdominal pain, or become constipated for three or more days. vesicare may cause blurred vision, so use caution while drivi
anarchists calling for violence against american institutions and later sandy's forgotten cameras. we send our cameras to a devastated neighborhood where press residence are still waiting for help by the president and state and local officials and they still haven't i've worked hard to build my family. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare....
260
260
tv
eye 260
favorite 0
quote 1
the labor department says sandy did not substantially impact the data. markets a bit positive after those numbers came out dow up 40 bloomberg silicon valley index up by more than a half%. -- more than half a percent. h & m recycling program -- the goal is to reduce textile waste and find solutions that involve using more recycled textiles in new clothes. i'm jane king. >>> a little fog out there that mike is tracking otherwise cold. >> it is many here's the reason why, lack of clouds, beautiful from our roof cam under the bay bridge down to the diablo range you can see yellows, warming of the sun coming our way today and through at least tuesday temperatures may near 70° in some areas. live doppler 7 hd we are tracking fog in our inland valleys, unlike yesterday, not as damp not as misty, the fog is thick in some areas down to a quarter even 8th of a mile visibility so be careful this morning. temperatures the other big story, cool in the north bay, santa rosa 37, napa 39, most of us in the 40s, san jose 51° i am mid to upper 40s around the -- montere
the labor department says sandy did not substantially impact the data. markets a bit positive after those numbers came out dow up 40 bloomberg silicon valley index up by more than a half%. -- more than half a percent. h & m recycling program -- the goal is to reduce textile waste and find solutions that involve using more recycled textiles in new clothes. i'm jane king. >>> a little fog out there that mike is tracking otherwise cold. >> it is many here's the reason why, lack...
56
56
Dec 7, 2012
12/12
by
FOXNEWS
tv
eye 56
favorite 0
quote 0
anarchists calling for violence against american institutions and later sandy's forgotten cameras. we send our cameras to a devastated neighborhood where press residence are still waiting for help by the president and state and local officials and they still haven't gotten it. will it get there before christmas? there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. flush. >> it's been weeks since super storm sandy hit the northeast and many in the storm's path are still struggling with no place to live. we sent one. our producers to an area in staten island, new york where residents are still waiting for what they were promised by president obama. >> obama came d
anarchists calling for violence against american institutions and later sandy's forgotten cameras. we send our cameras to a devastated neighborhood where press residence are still waiting for help by the president and state and local officials and they still haven't gotten it. will it get there before christmas? there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support...
328
328
Dec 7, 2012
12/12
by
CNNW
tv
eye 328
favorite 0
quote 0
why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather related. when i was digging into the numbers, i said a normal november, weather related, about 60,000, here we had 300,000, that's one of the reasons we saw the unemployment rate go down. look, i want to feel good about the unemployment rate being low, but 7.7% happened because fewer people were part of the labor force. that's not the right reason that we wanted to see the jobless rate go down. >> absolutely. and i want to read you something that paul krugman wrote in the new york times earlier this week. he said, long-term unemployment remains
why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather...
607
607
tv
eye 607
favorite 0
quote 0
except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value about $60 billion, it would rank among the top 50 largest companies. one economist says the move is imminent. when it moves into an index like that, portfolio managers and fund managers buy it, because many of them have funds that track the s&p 500. >> how do you feel about that jobs report? . . >> i would like to see a triple digit number, but i don't think we'll see it because of sandy, end of the year, companies are nervous. >>> we're watching a developing story in egypt where protests in the streets are expected against the country's president again. we are live from cairo after a quick break. >>> and rescue. a woman saved after police say her ex-husband t
except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value about $60 billion, it would rank among the top 50...
338
338
Dec 7, 2012
12/12
by
CNNW
tv
eye 338
favorite 0
quote 1
we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's a significant potential for the economy to grow. >> is it possible that this whole debate and the fiscal cliff, whether or not we go over it or not, would bakt how many people are working the next year? >> it will definitely impact, but i think what the numbers are telling us and what we've seen for the last couple of months is that the affect will not be as great as most people are predicting. you know, we kind of got this y2k kifr syndrome that's going on. it will certainly have an affect, but it also means that we can -- we're in a position to really craft a real comprehensive way to -- >> are these goo
we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's...
153
153
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 153
favorite 0
quote 0
well, they are better than we thought they would be because it doesn't have any impact of hurricane sandy. there wasn't a big displacement of people looking for work. now, let's get a couple of things down here, though, to start with. there are still 12 million unemployed americans. the unemployment rate fell for reasons that we don't like very much. people leaving the labor force. this is a better report than we expected it to be but still not a great report. >> now the question is, what goes on with the fiscal cliff? could the number get any better? >> i think that is the hope on wall street and republicans that have been talk ug for years and of the business community and to start spending down their profits and there might be a better sort of ofavalanche, if u will. the question is, what does that deal have to look like to unleash those hopes? it probably has to be something permanent and not a punt. >> the republicans talked about two things, though. one, as you say, is about certainty and they say that businesses need that certainty to start hiring but they've also warned that if ta
well, they are better than we thought they would be because it doesn't have any impact of hurricane sandy. there wasn't a big displacement of people looking for work. now, let's get a couple of things down here, though, to start with. there are still 12 million unemployed americans. the unemployment rate fell for reasons that we don't like very much. people leaving the labor force. this is a better report than we expected it to be but still not a great report. >> now the question is, what...
107
107
tv
eye 107
favorite 0
quote 0
apparently no impact from superstorm sandy. the unemployment rate went down 7.7%. here is the reason why. the labor force participation rate down to 63.6%, and 350,000 people passed the work force and gave up looking for work. that is the real story in the jobs report. that is why many -- why the rate came down. a lot of people flat out discouraged. the white house releasing a statement on the jobs report, same as always saying the economy is growing, policies are working. only a small game for stocks this morning. dow industrials, 51 points. back in a moment with a young republican. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for ristmas delivery. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to bathe, i thought those days might be over. so my doctor prescribed symbicort. it heps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicor
apparently no impact from superstorm sandy. the unemployment rate went down 7.7%. here is the reason why. the labor force participation rate down to 63.6%, and 350,000 people passed the work force and gave up looking for work. that is the real story in the jobs report. that is why many -- why the rate came down. a lot of people flat out discouraged. the white house releasing a statement on the jobs report, same as always saying the economy is growing, policies are working. only a small game for...
260
260
Dec 7, 2012
12/12
by
CNNW
tv
eye 260
favorite 0
quote 0
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick aro
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you...
153
153
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 153
favorite 0
quote 0
everybody thought sandy was going to drag the jobs numbers into a horrible place. that didn't happen at all. why not? >> well, simply by way not everybody -- my forecast was a lot higher than the consensus. >> true. >> unusual. >> yeah, you were optimistic. >> i was optimistic. the reason is a lot of people and areas hit were not like the gulf coast of mississippi. they were a prosperous neighborhoods of people on salary. now, the houses were devastated and i feel terrible for them, but they're in the jobs if they can't make it to work for a week, they don't go on the unemployment rolls. what's more is almost from day one you put people to work cleaning up. all the national guardsmen arrive. they go on the government payroll, and if they stay a couple of weeks employers replace them. they put somebody else on the payroll. there were ordinarily hourly workers who didn't get to work and filed for unemployment, but by and by this is not an unemployment creator. >> you know, jared, i have a question for you here. first, i do want to mention a little detail from the rep
everybody thought sandy was going to drag the jobs numbers into a horrible place. that didn't happen at all. why not? >> well, simply by way not everybody -- my forecast was a lot higher than the consensus. >> true. >> unusual. >> yeah, you were optimistic. >> i was optimistic. the reason is a lot of people and areas hit were not like the gulf coast of mississippi. they were a prosperous neighborhoods of people on salary. now, the houses were devastated and i feel...
179
179
Dec 7, 2012
12/12
by
KPIX
tv
eye 179
favorite 0
quote 0
economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is investigating nexflix and the company's ceo. reid hastings is dismissing the claim that the facebook post may have boosted the stock price. at the time hastings mentioned how much nexflix viewing had increased. you have to be really careful what you post on facebook. >> my coe anchor is happy because she's a huge heavy meal fan and now metallica is streaming its video. >> i didn't know i was a fan. >> you're getting ready to rock out because fans of metallica can stream the band's music on spotify. in fact in 2000, metallica filed a lawsuit against napster accusing them of copy right infringement. they can now listen
economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is...
71
71
Dec 7, 2012
12/12
by
FOXNEWS
tv
eye 71
favorite 0
quote 0
going to check on your house after super storm sandy and finding your home has completely vanished. that's exactly what happened to one new jersey homeowner. but get this. it was it was not the storm that took down his house, it was the new jersey department of transportation. why did the department of transportation do it? nick joins us. good evening, nick. >> good evening. how are you, greta. >> very good. tell me what happened. >> i first learned of when the storm first hit there was an aerial shot, a helicopter on an abc affiliate out of out of philadelphia and i saw my house off the foundation and slid into my neighbor's porch and slightly forward. we weren't allowed into town until two weeks later. the town was closed down and we were allowed in town two weeks later. we went down in school buses, hundreds of people, and we were told to bring one piece of luggage to take personal belongings out and when i walked up the street i found my lot was empty, it was gone. >> the department of transportation took your house but why the department of transportation? >> i have no idea. i
going to check on your house after super storm sandy and finding your home has completely vanished. that's exactly what happened to one new jersey homeowner. but get this. it was it was not the storm that took down his house, it was the new jersey department of transportation. why did the department of transportation do it? nick joins us. good evening, nick. >> good evening. how are you, greta. >> very good. tell me what happened. >> i first learned of when the storm first hit...
130
130
tv
eye 130
favorite 0
quote 0
the new book that what has been impacted by sandy. there is some conflicting information coming out. cheryl: we start to look at the data you get into the data better. if you have 7.7 unemployment rate, it fell because people dropped out of the labor force. were they cleaning up basement somewhere in the northeast, where they hoping volunteer? >> or could they just not get to whereethey needed to go. this is so important. look at the trend line. job creation has been around 150,000. the labor participation rate continues to drop. that has been a big concern. cheryl: 369,000 said yes to being out to work because of the weather. there is a lot of anxiety about our investment as we get towards the end of the month. >> it is all about financial strength and strong balance sheets. the economy continues to chug along and approve slowly. but slowly we are being weighed down by the fiscal cliff. cheryl: that means a new year's eve selloff. >> you will not time it if you are an investor. focus on companies that have strong balance sheets, pay
the new book that what has been impacted by sandy. there is some conflicting information coming out. cheryl: we start to look at the data you get into the data better. if you have 7.7 unemployment rate, it fell because people dropped out of the labor force. were they cleaning up basement somewhere in the northeast, where they hoping volunteer? >> or could they just not get to whereethey needed to go. this is so important. look at the trend line. job creation has been around 150,000. the...
205
205
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 205
favorite 0
quote 0
>> i think that the economy dodged a bullet with hurricane sandy in a way we really weren't expecting. we were really expecting to see that hit much harder because it hit the week that they were taking the survey. the real concern with the economy now that you're hearing fl folks like mark zandy is that it's not consumers that are not spending, it's employers who are spending. business investment has been down year over year in the last two quarters as people do not, you know, invest in equipment or buy software because they have no idea what's happening to their tax rates in january. that's where people get nervous about what's going on. >> the uncertainty? >> yeah. >> blake, if there is a deal to avoid the so-called fiscal cliff, could these jobs numbers get considerable better? >> i think so, but it's funny. the republicans are in a bit of a box here. their motivation is to say it's not so good. a lot of jobless people out there. we have a real problem. meanwhi meanwhile, we have fiscal cliff negotiations where the president wants stimulus mechanisms including an extension of unemp
>> i think that the economy dodged a bullet with hurricane sandy in a way we really weren't expecting. we were really expecting to see that hit much harder because it hit the week that they were taking the survey. the real concern with the economy now that you're hearing fl folks like mark zandy is that it's not consumers that are not spending, it's employers who are spending. business investment has been down year over year in the last two quarters as people do not, you know, invest in...
301
301
Dec 7, 2012
12/12
by
CNNW
tv
eye 301
favorite 0
quote 0
the white house is questioning $60.4 billion for states affected by superstorm sandy. mary snow how as the unbelievable story of one man whose home survived the storm's wrath, but not what came next. >> reporter: you see one mangled home after another. this area was so hard hit, that residents are only allowed back in every three days to reclaim their possessions. that's a lot more than one man got after he returned home to find out that his home had been bu bulldozed, and he had not had the chance to reclaim anything. >> this is what you came home to two weeks after the storm. >> nick expected devastation, but not this. a seatcushion is all that's left of his family's summer home. two weeks after sandy, maria and his neighbors were finally allowed back into the area. but his house had been bulldozed. >> everyone else was here that week, that day, and i felt like a lost soul. everybody is taking clothing out, bringing their luggage, taking pictures out, whatever they could stuff in, and i had nothing to take. that was a shock. >> a long with shock came frustration over
the white house is questioning $60.4 billion for states affected by superstorm sandy. mary snow how as the unbelievable story of one man whose home survived the storm's wrath, but not what came next. >> reporter: you see one mangled home after another. this area was so hard hit, that residents are only allowed back in every three days to reclaim their possessions. that's a lot more than one man got after he returned home to find out that his home had been bu bulldozed, and he had not had...
99
99
tv
eye 99
favorite 0
quote 0
he is going around the country, hurricane sandy, rebuilding needs to be done. he is not paying attention to that and certainly not paying attention to jobs creation. instead he is on this vendetta. melissa: ian, at the same time you see companies out there, they're doing what they need to do. we saw ibm for example saying that when it comes to their 401(kk, instead of contributing every other pay period the way they have before they will wait until the very end of the year and do their matching then. almost an accounting trick. not really a trick. a way to do it differently they save a lot of money. they hang onto the money for entire year and earn interest on it. god forbid you leave the company and never see the money. for workers you don't earn on money all year long. not in your 401(k) growing. these are the kinds of things we'll see companies doing to adapt to this new normal. >> if ibm gets away with it i'm sure they will. they are a benchmark. if they successfully push it through, the company that didn't fail, didn't have a crisis during the crash we'll
he is going around the country, hurricane sandy, rebuilding needs to be done. he is not paying attention to that and certainly not paying attention to jobs creation. instead he is on this vendetta. melissa: ian, at the same time you see companies out there, they're doing what they need to do. we saw ibm for example saying that when it comes to their 401(kk, instead of contributing every other pay period the way they have before they will wait until the very end of the year and do their matching...
139
139
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 139
favorite 0
quote 0
. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the seriousness that's conveyed in this picture, i almost never say this. there are things in which politics takes a very far back seat. this is one of them. >> take a look at the next picture. we were talking a few minutes ago about possible cabinet choices. there's dennis mcdone noug on the right and jack lou is if he's the treasury secretary and tom lon lan, the national security adviser. the president is so comfortable with these insiders. these are great pictures by pete suza. look at air force one. the president is in marine one coming in behind. t
. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the...
243
243
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 243
favorite 0
quote 0
, who both said it was going to be somewhere between 80,000 and 100,000 jobs -- say that go sandy was worth 80 -- negatively 80,000 to 100,000. you take 146,000 and this could have been a 200-plus number. >> it's interesting because it ties in with consumer data we've been seeing which actually, you know, is not great. it's not buoyant, but it's not bad. and you look at the fact what american households have been doing recently with debt and the degree of debt they've been repaying, sort of deleveraging. you add it together and actually it's not booming but it's not -- >> i want to add if we don't embrace washington and everybody else economic growth we're all in trouble. we can't begin to solve these problems. we have to get back to 4% or 5%. they have policies. medium sized businesses. >> the overall trend over the past several months have been fairly encouraging, right? if you don't own apple stock. >> yeah, the trends -- with the exception of that, i guess. if you owned it for a number of years you've done very well, joe. going through the numbers here a little bit more, looking a
, who both said it was going to be somewhere between 80,000 and 100,000 jobs -- say that go sandy was worth 80 -- negatively 80,000 to 100,000. you take 146,000 and this could have been a 200-plus number. >> it's interesting because it ties in with consumer data we've been seeing which actually, you know, is not great. it's not buoyant, but it's not bad. and you look at the fact what american households have been doing recently with debt and the degree of debt they've been repaying, sort...
210
210
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
. ♪ bill: there is a new report that super storm sandy cost the economy $60 billion, for lost productivity and output. rick leventhal is live in staten island, new york where some industries have actually benefitted. what is the story there, rick? >> reporter: of koerbs, bil course, the businesses directly in the storm surge, retail and restaurants a lot of them have suffered dramatically. other businesses, contractors and home improvement have done very, very well. roofers, landscapers, electrical contractors. this couple run a electrical business and you guys have been crazy busy right? >> yes, since the storm we had hen emergency influx of emergency work. we are aeurbl to hire back some of the people we had laid off and we are looking to hire more people to handle the work that is coming in. >> reporter: you have more work than you can even do yourselves. >> wyatt this point. >> reporter: and you see what, no end in sight? >> we see this generating a very long term, at least a year, two years hopefully. >> reporter: it's great that they are actually able to employ other people as well.
. ♪ bill: there is a new report that super storm sandy cost the economy $60 billion, for lost productivity and output. rick leventhal is live in staten island, new york where some industries have actually benefitted. what is the story there, rick? >> reporter: of koerbs, bil course, the businesses directly in the storm surge, retail and restaurants a lot of them have suffered dramatically. other businesses, contractors and home improvement have done very, very well. roofers,...
257
257
Dec 7, 2012
12/12
by
CSPAN2
tv
eye 257
favorite 0
quote 0
the government says hurricane sandy had only a minimal effect on the numbers. although the weather prevented 369,000 people from getting to work, they were still counted as employed. >>> singer-songwriter james taylor will be at the national press club here in washington today. he will talk about election shun reform. c-span will have it live beginning at 1:00 eastern. at 7:00 eastern c-span will be live with a discussion on skilled immigrants. virginia senator mark warner is talking about a bill that will allow more highly killed immigrants into the united states. it will be hosted by the university of virginia. >>> we've had explosions of knowledge in medicine but we've not coordinated care. all these services we have end up having so many cracks that the cracks are as harmful as the diseases that we're treating and you got to step back and ask, you know, are we hurting people over all, i mean on a global level? what are we doing sometimes? and of course now we've got the institute of medicine report saying 30% of everything we do may not be necessary in heal
the government says hurricane sandy had only a minimal effect on the numbers. although the weather prevented 369,000 people from getting to work, they were still counted as employed. >>> singer-songwriter james taylor will be at the national press club here in washington today. he will talk about election shun reform. c-span will have it live beginning at 1:00 eastern. at 7:00 eastern c-span will be live with a discussion on skilled immigrants. virginia senator mark warner is talking...